Monday, November 17, 2014

The Weekly Market Outlook - As I See It

*****We are just one week before the all important "Black Friday" report for the markets. Expectations may be already built into this market and as a result a check or a pullback may come immediately after or even before Thanksgiving weekend.

That said, we should also remember that new highs without a check, will come at a cost that may go more deeply than we expect.  Any little thing could set up a quick pullback which may turn ugly if we continue with this steep enthusiasm, so be on your toes, listen to the news, and always be ready for change.

Happy Trading, Living and Dancing

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